Equity
FlexEplus has made a profit in every financial year since 2013.
In July 2024, 6,047 companies had the same profile as FlexEplus has now. Each dot stands for 16 companies, two years later.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,047 companies, not a prediction for FlexEplus. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| FlexEplus Brasschaat | €0.9m | €39,946 | 63.0% | - |
| FRANSE Zandhoven | €1.1m | €41,854 | 48.5% | - |
| BARO Vastgoed Assenede | €0.9m | €45,232 | -43.6% | - |
| LEGERCOURT Tournai | €0.9m | €49,888 | -13.5% | 2.6 |
| UNIPROJECT Kortrijk | €0.9m | €36,753 | 35.7% | - |
| CLASA Liège | €0.9m | €32,035 | 71.2% | - |
| SONNEVILLE INVEST Lievegem | €0.9m | €40,828 | 28.4% | - |
These companies have the same main activity as FlexEplus: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €864,000 and €1.1m, founded between 2010 and 2013.
FlexEplus files the micro format. That format states no turnover. The gross margin fell from €57,825 in 2013 to €39,946 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €60,000 and €220,000.
Higher than 73% of 19,803 companies in 2025.
Higher than 87% of 18,977 companies in 2025.
Higher than 52% of 19,446 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 201321 months |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
938,631 | 1.2m | 1.4m | 1.3m | 1.3m | 897,769 | 686,749 | 439,247 | 371,166 | 273,199 | 172,365 | 126,951 | |
21/28 |
252,604 | 288,884 | 314,643 | 341,154 | 374,216 | 169,095 | 147,966 | 1,954 | 29 | 143 | 257 | 371 | |
22/27 |
252,579 | 288,859 | 314,618 | 341,129 | 374,191 | 169,070 | 147,941 | 1,929 | 29 | 143 | 257 | 371 | |
22 |
252,339 | 287,412 | 304,949 | 322,486 | 348,220 | 135,000 | 142,500 | - | - | - | - | - | |
24 |
26 | 804 | 8,811 | 17,571 | 24,685 | 32,570 | 3,726 | - | 29 | 143 | 257 | 371 | |
26 |
214 | 643 | 857 | 1,072 | 1,286 | 1,500 | 1,715 | 1,929 | - | - | - | - | |
28 |
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | - | - | - | - | |
29/58 |
686,027 | 925,032 | 1.1m | 923,406 | 899,411 | 728,674 | 538,783 | 437,293 | 371,137 | 273,056 | 172,107 | 126,580 | |
29 |
74,122 | 216,000 | - | - | - | - | - | - | - | - | - | - | |
290 |
- | 216,000 | - | - | - | - | - | - | - | - | - | - | |
291 |
74,122 | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
71,128 | 74,528 | 102,499 | 41,865 | 67,188 | 56,134 | 82,333 | 7,659 | 8,765 | 24,006 | 8,427 | 48,544 | |
40 |
51,811 | 66,668 | 94,803 | 39,027 | 45,618 | 30,495 | 51,908 | 3,362 | 3,362 | 10,692 | - | 46,224 | |
41 |
19,317 | 7,860 | 7,697 | 2,838 | 21,570 | 25,639 | 30,425 | 4,297 | 5,402 | 13,314 | 8,427 | 2,320 | |
54/58 |
537,177 | 630,905 | 975,034 | 875,907 | 832,223 | 670,704 | 455,138 | 429,634 | 362,372 | 249,050 | 163,628 | 77,802 | |
490/1 |
3,599 | 3,599 | 5,501 | 5,634 | - | 1,836 | 1,312 | - | - | - | 53 | 233 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
938,631 | 1.2m | 1.4m | 1.3m | 1.3m | 897,769 | 686,749 | 439,247 | 371,166 | 273,199 | 172,365 | 126,951 | |
10/15 |
591,106 | 788,904 | 712,789 | 633,788 | 581,160 | 485,092 | 352,354 | 294,324 | 225,042 | 151,061 | 87,812 | 58,479 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
573,760 | 772,760 | 696,760 | 620,760 | 567,692 | 469,954 | 339,610 | 281,610 | 204,860 | 134,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
132 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | - | - | - | - | |
133 |
553,150 | 752,150 | 676,150 | 600,150 | 547,082 | 449,344 | 319,000 | 261,000 | 203,000 | 133,000 | - | - | |
14 |
4,946 | 3,744 | 3,629 | 628 | 1,068 | 2,738 | 344 | 314 | 7,782 | 3,801 | 73,552 | 44,219 | |
17/49 |
347,525 | 425,013 | 684,888 | 630,772 | 692,467 | 412,677 | 334,395 | 144,923 | 146,123 | 122,138 | 84,552 | 68,472 | |
17 |
236,673 | 269,335 | 534,629 | 518,503 | 462,483 | 255,114 | 141,569 | - | - | - | - | - | |
170/4 |
236,673 | 269,335 | 534,629 | 518,503 | 462,483 | 255,114 | 141,569 | - | - | - | - | - | |
42/48 |
110,852 | 155,678 | 150,259 | 112,268 | 226,606 | 130,318 | 181,461 | 133,724 | 139,143 | 115,953 | 75,968 | 64,037 | |
42 |
16,372 | 16,207 | - | - | - | 6,455 | 6,342 | - | - | - | - | - | |
43 |
- | - | 7,863 | 33,333 | - | - | - | - | - | - | - | - | |
430/8 |
- | - | 7,863 | 33,333 | - | - | - | - | - | - | - | - | |
44 |
75,587 | 44,152 | 80,455 | 57,518 | 135,415 | 41,775 | 39,672 | 23,990 | 14,515 | 6,925 | 87 | 26,240 | |
440/4 |
75,587 | 44,152 | 80,455 | 57,518 | 135,415 | 41,775 | 39,672 | 23,990 | 14,515 | 6,925 | 87 | 26,240 | |
45 |
18,893 | 19,196 | 45,056 | 16,647 | 87,674 | 71,450 | 51,438 | 36,399 | 62,502 | 63,033 | 29,499 | 8,353 | |
450/3 |
18,893 | 19,196 | 18,227 | 16,647 | 87,674 | 71,450 | 51,438 | 36,399 | 62,502 | 63,033 | 29,499 | 8,353 | |
454/9 |
- | - | 26,829 | - | - | - | - | - | - | - | - | - | |
47/48 |
- | 76,123 | 16,886 | 4,770 | 3,517 | 10,637 | 84,009 | 73,336 | 62,126 | 45,995 | 46,382 | 29,445 | |
492/3 |
- | - | - | - | 3,378 | 27,245 | 11,365 | 11,199 | 6,980 | 6,185 | 8,584 | 4,434 | |
| Income statement | |||||||||||||
9900 |
39,946 | 141,424 | 152,986 | 128,109 | 195,223 | 228,439 | 112,612 | 108,058 | 129,016 | 113,149 | 49,554 | 57,825 | |
62 |
- | 42 | - | - | - | - | - | - | - | - | - | - | |
630 |
18,059 | 25,758 | 26,511 | 34,601 | 45,645 | 16,313 | 23,349 | 243 | 114 | 114 | 114 | 925 | |
640/8 |
5,692 | 4,357 | 4,602 | 4,628 | 2,821 | 2,270 | 1,262 | 585 | 658 | 646 | 676 | 891 | |
9901 |
16,195 | 111,266 | 121,873 | 88,880 | 146,757 | 209,856 | 88,001 | 107,229 | 128,244 | 112,389 | 48,764 | 56,009 | |
75/76B |
10,052 | 33 | 1 | 922 | 188 | - | 114 | 494 | 441 | 80 | 420 | 269 | |
75 |
10,052 | 33 | 1 | 922 | 188 | - | 114 | 494 | 441 | 80 | 420 | 269 | |
65/66B |
1,801 | 1,759 | 7,969 | 14,866 | 7,982 | 7,295 | 6,675 | 4,943 | 3,826 | 3,457 | 2,472 | 1,788 | |
65 |
1,801 | 1,759 | 7,969 | 14,866 | 7,982 | 7,295 | 6,675 | 4,943 | 3,826 | 3,457 | 2,472 | 1,788 | |
9903 |
24,446 | 109,541 | 113,905 | 74,936 | 138,963 | 202,560 | 81,440 | 102,781 | 124,859 | 109,013 | 46,713 | 54,490 | |
67/77 |
8,747 | 33,427 | 34,903 | 22,308 | 42,895 | 69,822 | 23,409 | 33,499 | 50,878 | 45,764 | 17,380 | 8,411 | |
9904 |
15,699 | 76,114 | 79,001 | 52,628 | 96,068 | 132,738 | 58,031 | 69,281 | 73,981 | 63,249 | 29,333 | 46,079 | |
689 |
- | - | - | - | - | - | - | 18,750 | - | - | - | - | |
9905 |
15,699 | 76,114 | 79,001 | 52,628 | 96,068 | 132,738 | 58,031 | 50,531 | 73,981 | 63,249 | 29,333 | 46,079 | |
| Appropriation of the result | |||||||||||||
9906 |
19,946 | 79,744 | 79,629 | 53,696 | 98,806 | 133,082 | 58,344 | 58,314 | 77,782 | 136,801 | 73,552 | 46,079 | |
14P |
4,247 | 3,629 | 628 | 1,068 | - | - | - | - | - | - | - | - | |
691/2 |
15,000 | 76,000 | 76,000 | 53,068 | 97,738 | 130,344 | 58,000 | 58,000 | 70,000 | 133,000 | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
15,000 | 76,000 | 76,000 | 53,068 | 97,738 | 130,344 | 58,000 | 58,000 | 70,000 | 133,000 | - | - | |
| Document | |||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-10-2026.
2025 annual accounts filed 83 days after the deadline. Filed on 22 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00565794.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-10-2026 | 2026-00565794 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00408273 | |
| 31-12-2022 | micro format | 28-12-2023 | 2023-00538146 | |
| 31-12-2021 | micro format | 03-11-2022 | 2022-20516134 | |
| 31-12-2020 | micro format | 30-12-2021 | 2021-82000591 | |
| 31-12-2019 | micro format | 11-11-2020 | 2020-69800177 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-66500359 | |
| 31-12-2017 | micro format | 30-11-2018 | 2018-73300186 | |
| 31-12-2016 | micro format | 30-09-2017 | 2017-64300559 | |
| 31-12-2015 | abbreviated format | 29-11-2016 | 2016-68600281 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-50800252 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-52400189 |
| Line | Trend | 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 201321 months |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34,254 | 137,025 | 148,384 | 123,481 | 192,402 | 226,169 | 111,350 | 107,472 | 128,358 | 112,504 | 48,879 | 56,934 | ||
| 33,758 | 101,872 | 105,512 | 87,229 | 141,712 | 149,051 | 81,380 | 69,524 | 74,096 | 63,363 | 29,448 | 47,004 | ||
| - | 0 | 0 | 1,539 | 250,765 | 37,442 | 169,361 | 2,169 | 0 | 0 | 0 | 1,296 | ||
| - | -344,129 | 99,127 | 43,684 | 161,519 | 215,566 | 25,504 | 67,261 | 113,322 | 85,422 | 85,826 | - | ||
| 575,175 | 769,354 | 932,775 | 811,138 | 672,805 | 598,356 | 357,322 | 303,568 | 231,994 | 157,103 | 96,140 | 62,542 | ||
| 63.0% | 65.0% | 51.0% | 50.1% | 45.6% | 54.0% | 51.3% | 67.0% | 60.6% | 55.3% | 50.9% | 46.1% | ||
| 6.19 | 5.94 | 7.21 | 8.23 | 3.97 | 5.59 | 2.97 | 3.27 | 2.67 | 2.35 | 2.27 | 1.98 | ||
| 0.59 | 0.54 | 0.96 | 1.00 | 1.19 | 0.85 | 0.95 | 0.49 | 0.65 | 0.81 | 0.96 | 1.17 | ||
| 2.7% | 9.6% | 11.1% | 8.3% | 16.5% | 27.4% | 16.5% | 23.5% | 32.9% | 41.9% | 33.4% | 78.8% | ||
| 1.7% | 6.3% | 5.7% | 4.2% | 7.5% | 14.8% | 8.5% | 15.8% | 19.9% | 23.2% | 17.0% | 36.3% | ||
| 19.02 | 77.91 | 18.62 | 8.31 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,539 |
| €18,059 | €25,758 | €26,511 | €34,601 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is €16,195, against €111,266 in 2023. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total is 37.0%.
FlexEplus has no parent and no holdings in its annual accounts. is the only director.
| Notariële bestuursvennootschap JOJET
registered office since 03-09-2018 · founded in 2018 |
total assets €1.1m (2025) 0701.678.697 |
| JJC Invest
registered office since 18-12-2024 · founded in 2024 |
total assets €166,599 (2025) 1017.571.174 |
via , no longer at · Permanent representative · deed of 12-10-2017 founded in 2006 |
24 FTE (2025) |
via , no longer at · Director · deed of 14-12-2022 founded in 2003 |
total assets €135,773 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Voshollei 17 registered office 2930 Brasschaat | ||
| Montignystraat 19 2018 Antwerp | 25-04-2012 | 2.210.560.417 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11322E0223/00K000 | 4,475 m² | 1 · 338 m² | 18.1 m · 2 |
| 11811L3766/00D000 | 57 m² | 1 · 54 m² | 15.3 m · 4 |
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